Zhong Yang Financial Group Limited Ordinary Shares
TOP Financial Group Limited, through its subsidiaries, operates as an online brokerage company in Hong Kong. The company is involved in the trading of equities, futures, and options products; and the provision of brokerage and value-added services, including trade order placement and execution, account management, and customer support services. It also provides a range of futures products, such a… Read more
Zhong Yang Financial Group Limited Ordinary Shares (TOP) - Net Assets
Latest net assets as of December 2025: $34.95 Million USD
Based on the latest financial reports, Zhong Yang Financial Group Limited Ordinary Shares (TOP) has net assets worth $34.95 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($64.07 Million) and total liabilities ($29.11 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $34.95 Million |
| % of Total Assets | 54.56% |
| Annual Growth Rate | 18.07% |
| 5-Year Change | 416.5% |
| 10-Year Change | N/A |
| Growth Volatility | 98.55 |
Zhong Yang Financial Group Limited Ordinary Shares - Net Assets Trend (2019–2025)
This chart illustrates how Zhong Yang Financial Group Limited Ordinary Shares's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Zhong Yang Financial Group Limited Ordinary Shares (2019–2025)
The table below shows the annual net assets of Zhong Yang Financial Group Limited Ordinary Shares from 2019 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $34.89 Million | -13.93% |
| 2024-03-31 | $40.53 Million | +12.74% |
| 2023-03-31 | $35.95 Million | +252.63% |
| 2022-03-31 | $10.20 Million | +50.94% |
| 2021-03-31 | $6.75 Million | +5.05% |
| 2020-03-31 | $6.43 Million | -50.07% |
| 2019-03-31 | $12.88 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhong Yang Financial Group Limited Ordinary Shares's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 263.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $5.74 Million | 16.47% |
| Common Stock | $37.05K | 0.11% |
| Other Comprehensive Income | $127.65K | 0.37% |
| Other Components | $28.98 Million | 83.06% |
| Total Equity | $34.89 Million | 100.00% |
Zhong Yang Financial Group Limited Ordinary Shares Competitors by Market Cap
The table below lists competitors of Zhong Yang Financial Group Limited Ordinary Shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AIM ImmunoTech Inc
NYSE MKT:AIM
|
$6.23 Million |
|
Natural Capsules Limited
NSE:NATCAPSUQ
|
$6.23 Million |
|
Jeju Beer Co. Ltd.
KQ:276730
|
$6.23 Million |
|
2BO
F:2BO
|
$6.23 Million |
|
CATERPILLAR - Dusseldorf Stock Exchang
DU:CAT1
|
$6.23 Million |
|
Malam Team
TA:MLTM
|
$6.23 Million |
|
Aureka Ltd
AU:AKA
|
$6.23 Million |
|
PANEVEZIO STATYBOS
MU:YK3
|
$6.22 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhong Yang Financial Group Limited Ordinary Shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 40,530,905 to 34,885,304, a change of -5,645,601 (-13.9%).
- Net loss of 5,969,348 reduced equity.
- Other comprehensive income increased equity by 251,524.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-5.97 Million | -17.11% |
| Other Comprehensive Income | $251.52K | +0.72% |
| Other Changes | $72.22K | +0.21% |
| Total Change | $- | -13.93% |
Book Value vs Market Value Analysis
This analysis compares Zhong Yang Financial Group Limited Ordinary Shares's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.94x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 9.87x to 0.94x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-03-31 | $0.09 | $0.89 | x |
| 2020-03-31 | $0.18 | $0.89 | x |
| 2021-03-31 | $0.19 | $0.89 | x |
| 2022-03-31 | $0.29 | $0.89 | x |
| 2023-03-31 | $1.03 | $0.89 | x |
| 2024-03-31 | $1.26 | $0.89 | x |
| 2025-03-31 | $0.94 | $0.89 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhong Yang Financial Group Limited Ordinary Shares utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -17.11%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -179.30%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 1.34x
- Recent ROE (-17.11%) is below the historical average (24.55%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 28.50% | 11.91% | 0.83x | 2.89x | $834.07K |
| 2020 | 39.49% | 15.39% | 1.24x | 2.07x | $1.90 Million |
| 2021 | 74.69% | 29.84% | 1.65x | 1.52x | $4.37 Million |
| 2022 | 34.24% | 44.64% | 0.56x | 1.36x | $2.47 Million |
| 2023 | 9.45% | 35.04% | 0.24x | 1.12x | $-197.39K |
| 2024 | 2.59% | 13.08% | 0.14x | 1.42x | $-3.00 Million |
| 2025 | -17.11% | -179.30% | 0.07x | 1.34x | $-9.46 Million |
Industry Comparison
This section compares Zhong Yang Financial Group Limited Ordinary Shares's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $277,925,984
- Average return on equity (ROE) among peers: -4.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhong Yang Financial Group Limited Ordinary Shares (TOP) | $34.95 Million | 28.50% | 0.83x | $6.23 Million |
| Armada Mercantile Ltd (AAMTF) | $197.80K | -9.79% | 0.44x | $3.53 Million |
| ABG Sundal Collier Holding ASA (ABGSF) | $1.65 Billion | 37.94% | 2.19x | $207.31 Million |
| Athena Bitcoin Global (ABIT) | $-1.06 Million | 0.00% | 0.00x | $16.38 Million |
| ABS-CBN Holdings Corporation (ABSOF) | $0.00 | 0.00% | 0.00x | $5.67 Million |
| American Bitcoin Corp (ABTC) | $1.02 Billion | 42.26% | 0.09x | $204.84 Million |
| Abits Group Inc. (ABTS) | $6.57 Million | -41.72% | 0.18x | $4.62 Million |
| Argentex Group PLC (AGXTF) | $43.40 Million | -3.00% | 2.61x | $4.51 Million |
| Sphere 3D Corp (ANY) | $40.32 Million | -58.05% | 0.24x | $4.44 Million |
| Argo Blockchain PLC (ARBKF) | $27.19 Million | -15.14% | 0.01x | $2.16 Million |
| Arcane Crypto AB (ARCNF) | $-17.00K | 0.00% | 0.00x | $1.38 Million |